NXT vs. ENPH
NXT (Nextpower Inc.) and ENPH (Enphase Energy, Inc.) are both stocks. Both operate in the Solar industry within the Technology sector. Over the past 3 years, NXT returned 27.52%/yr vs -37.03%/yr for ENPH. Their 0.55 correlation means they have sometimes moved together and sometimes differently.
Performance
NXT vs. ENPH - Performance Comparison
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Returns By Period
In the year-to-date period, NXT achieves a 3.17% return, which is significantly lower than ENPH's 17.13% return.
NXT
- 1D
- -7.25%
- 1M
- -20.36%
- 6M
- -23.25%
- YTD
- 3.17%
- 1Y
- 58.87%
- 3Y*
- 27.52%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 36.76%
ENPH
- 1D
- 0.43%
- 1M
- -12.84%
- 6M
- 1.51%
- YTD
- 17.13%
- 1Y
- 19.44%
- 3Y*
- -37.03%
- 5Y*
- -27.67%
- 10Y*
- 35.57%
- ALL TIME*
- 11.89%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $194.87M | $189.47M | $367.78M | |
| $307.85M | $314.33M | $370.01M |
NXT vs. ENPH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
NXT Nextpower Inc. | 3.17% | 138.46% | -22.03% | 54.57% |
ENPH Enphase Energy, Inc. | 17.13% | -53.33% | -48.02% | -39.63% |
Correlation
The correlation between NXT and ENPH is 0.59, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.59 |
Correlation (3Y) Balances recent behavior with more history. | 0.56 |
Correlation (All Time) Calculated using the full available price history since Feb 9, 2023 | 0.55 |
The correlation between NXT and ENPH has been stable across timeframes, ranging from 0.55 to 0.59 - a consistent structural relationship.
Fundamentals
NXT:
$13.63B
ENPH:
$4.96B
NXT:
$3.86
ENPH:
$1.01
NXT:
23.29
ENPH:
37.15
NXT:
0.01
ENPH:
0.85
NXT:
3.81
ENPH:
3.75
NXT:
5.45
ENPH:
4.22
NXT:
$3.63B
ENPH:
$1.33B
NXT:
$1.21B
ENPH:
$623.68M
NXT:
$739.99M
ENPH:
$203.83M
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Return for Risk
NXT vs. ENPH — Risk / Return Rank
NXT
ENPH
NXT vs. ENPH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nextpower Inc. (NXT) and Enphase Energy, Inc. (ENPH). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NXT | ENPH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.61 | ||
| Sortino ratioReturn per unit of downside risk | +0.53 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.11 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.28 | 0.31 | +0.97 |
| Martin ratioReturn relative to average drawdown | 3.54 | 0.69 | +2.84 |
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Drawdowns
NXT vs. ENPH - Drawdown Comparison
The maximum NXT drawdown since its inception was -48.61%, smaller than the maximum ENPH drawdown of -95.97%. Use the drawdown chart below to compare losses from any high point for NXT and ENPH.
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Drawdown Indicators
| NXT | ENPH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.61% | -95.97% | +47.36% |
Max Drawdown (1Y)Largest decline over 1 year | -42.54% | -51.51% | +8.97% |
Max Drawdown (3Y)Largest decline over 3 years | -48.61% | -81.34% | +32.73% |
Max Drawdown (5Y)Largest decline over 5 years | — | -92.23% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -92.23% | — |
Current DrawdownCurrent decline from peak | -42.54% | -88.83% | +46.29% |
Average DrawdownAverage peak-to-trough decline | -15.89% | -50.90% | +35.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.42% | 23.12% | -7.70% |
Volatility
NXT vs. ENPH - Volatility Comparison
Nextpower Inc. (NXT) has a higher volatility of 21.23% compared to Enphase Energy, Inc. (ENPH) at 18.66%. This indicates that NXT's price experiences larger fluctuations and is considered to be riskier than ENPH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NXT | ENPH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.23% | 18.66% | +2.57% |
Volatility (6M)Calculated over the trailing 6-month period | 51.65% | 68.82% | -17.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 67.85% | 82.81% | -14.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 61.15% | 70.68% | -9.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 61.15% | 78.42% | -17.27% |
Dividends
NXT vs. ENPH - Dividend Comparison
Neither NXT nor ENPH has paid dividends to shareholders.
Financials
NXT vs. ENPH - Financials Comparison
This section allows you to compare key financial metrics between Nextpower Inc. and Enphase Energy, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
NXT vs. ENPH - Profitability Comparison
NXT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Nextpower Inc. reported a gross profit of 335.85M and revenue of 935.17M. Therefore, the gross margin over that period was 35.9%.
ENPH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Enphase Energy, Inc. reported a gross profit of 175.01M and revenue of 291.85M. Therefore, the gross margin over that period was 60.0%.
NXT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Nextpower Inc. reported an operating income of 190.91M and revenue of 935.17M, resulting in an operating margin of 20.4%.
ENPH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Enphase Energy, Inc. reported an operating income of 51.52M and revenue of 291.85M, resulting in an operating margin of 17.7%.
NXT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Nextpower Inc. reported a net income of 165.36M and revenue of 935.17M, resulting in a net margin of 17.7%.
ENPH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Enphase Energy, Inc. reported a net income of 36.08M and revenue of 291.85M, resulting in a net margin of 12.4%.
Frequently Asked Questions
NXT and ENPH have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NXT has higher volatility (21.23%) compared to ENPH (18.66%). In terms of maximum drawdown, NXT dropped -48.61% vs ENPH's -95.97%.
NXT currently has the higher Sharpe Ratio (0.80 vs 0.19), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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